NYMT
Future price action pointI want to see where the price was going and where to sell it. The convergence of several intersections happen to be at the same time as the end of the free money from Cares act. For me, anytime this is at $4.11 might be a good exit point. This is also the consolidation convergence where it may spike or tank. I was hoping for north of $6 but it might not happen. If this breaks out, I will hold it and redo my chart. This is my own basic thoughts, there are way better charters out there.
NYMT BUY, safe high yield dividend stockWe chose this REIT as it has low P/E ratio 9.31 and price is flat however it is good to time entry.
Great opportunity to buy this stock right now as RSI hits oversold territory. Since 2017 this stock is trading between 6.8 USD - 5.45 USD. We recommend you to buy this stock as it has dividend yield 13.47% per year and current price is appropriate for the first entry. We can clearly see how the stock fluctuactes between quarters and falling after dividend pay out. We recommend second entry in the mid of October and selling after Q4 dividend or holding it.
$NYMT long term dividend play!NYMT - New York Mortgage Trust
This is one of my dividend holdings that I picked up today (1,000 shares). Not only does it pay a fantastic dividend, but we are right on the cusp of a long-term breakout and constantly above earnings expectations. Multi-year hold.
My entry of 1,000 shares was at $6.33 on Friday, February 8th 2019. More info at wingtrades.com